Gross national expenditure (current LCU), annual growth rate in Cuba

Cuba: Gross national expenditure (current LCU), annual growth rate was 41.58 % change on previous year in 2024. ◆ Volatile

Latest (2024)
41.58 % change on previous year
Change on year
down 16.8%
World rank
6th
of 185 countries
All-time high
463.56 % change on previous year
in 2021
All-time low
-19.56 % change on previous year
in 1991
Years of data
54
1971–2024

Gross national expenditure (current LCU), annual growth rate in Cuba, 1971–2024

0100200300400500197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Cuba recorded 41.58 % change on previous year for gross national expenditure (current lcu), annual growth rate in 2024.

Compared with earlier readings it is down 16.8% on the previous year and up 1,108.4% over ten years.

Over the whole period, gross national expenditure (current lcu), annual growth rate in Cuba peaked at 463.56 % change on previous year in 2021 and was at its lowest, -19.56 % change on previous year, in 1991.

Cuba ranks 6th of 185 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross national expenditure (current LCU), annual growth rate in Cuba, year by year

Annual values for Gross national expenditure (current LCU), annual growth rate in Cuba, 1971 to 2024.
Year % change on previous year Change
1971 21.46 % change on previous year
1972 12.12 % change on previous year -43.5%
1973 6.8 % change on previous year -43.9%
1974 12.97 % change on previous year +90.8%
1975 14.2 % change on previous year +9.5%
1976 6 % change on previous year -57.8%
1977 4.15 % change on previous year -30.8%
1978 16.51 % change on previous year +297.8%
1979 4.09 % change on previous year -75.2%
1980 0.1708 % change on previous year -95.8%
1981 16.85 % change on previous year +9764.1%
1982 6.41 % change on previous year -61.9%
1983 6.97 % change on previous year +8.7%
1984 11.11 % change on previous year +59.4%
1985 -1.49 % change on previous year -113.4%
1986 -2.31 % change on previous year +55.1%
1987 -3.04 % change on previous year +31.9%
1988 4.64 % change on previous year -252.6%
1989 4.07 % change on previous year -12.4%
1990 -2.09 % change on previous year -151.3%
1991 -19.56 % change on previous year +836.7%
1992 -11.97 % change on previous year -38.8%
1993 2.58 % change on previous year -121.6%
1994 23.2 % change on previous year +799.2%
1995 14.86 % change on previous year -36.0%
1996 5.04 % change on previous year -66.1%
1997 2.3 % change on previous year -54.4%
1998 2.54 % change on previous year +10.5%
1999 8.93 % change on previous year +252.1%
2000 7.78 % change on previous year -12.9%
2001 3.73 % change on previous year -52.1%
2002 4.77 % change on previous year +27.9%
2003 5.84 % change on previous year +22.4%
2004 4.92 % change on previous year -15.8%
2005 9.44 % change on previous year +92.0%
2006 26.78 % change on previous year +183.7%
2007 8.37 % change on previous year -68.8%
2008 10.68 % change on previous year +27.6%
2009 -3.6 % change on previous year -133.7%
2010 0.6148 % change on previous year -117.1%
2011 9.05 % change on previous year +1372.5%
2012 3.93 % change on previous year -56.6%
2013 6.9 % change on previous year +75.8%
2014 3.44 % change on previous year -50.1%
2015 10.54 % change on previous year +206.4%
2016 4.85 % change on previous year -54.0%
2017 5.8 % change on previous year +19.6%
2018 4.28 % change on previous year -26.2%
2019 3.75 % change on previous year -12.3%
2020 4.8 % change on previous year +27.9%
2021 463.56 % change on previous year +9558.9%
2022 18.9 % change on previous year -95.9%
2023 50.01 % change on previous year +164.5%
2024 41.58 % change on previous year -16.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.92 % change on previous year 4.09 % change on previous year 21.46 % change on previous year 9
1980s 4.34 % change on previous year -3.04 % change on previous year 16.85 % change on previous year 10
1990s 2.58 % change on previous year -19.56 % change on previous year 23.2 % change on previous year 10
2000s 7.87 % change on previous year -3.6 % change on previous year 26.78 % change on previous year 10
2010s 5.32 % change on previous year 0.6148 % change on previous year 10.54 % change on previous year 10
2020s 115.77 % change on previous year 4.8 % change on previous year 463.56 % change on previous year 5

Countries ranked near Cuba

  1. 3 Sudan 70.35 % change on previous year compare
  2. 4 Argentina 50.5 % change on previous year compare
  3. 5 Türkiye 42.44 % change on previous year compare
  4. 7 Egypt 36.37 % change on previous year compare
  5. 8 Kyrgyzstan 34.96 % change on previous year compare
  6. 9 Angola 33.94 % change on previous year compare

See the full ranking of 185 places →

More economy & growth data for Cuba

All data for Cuba →

Frequently asked questions

What is gross national expenditure (current lcu), annual growth rate in Cuba?
Gross national expenditure (current lcu), annual growth rate in Cuba was 41.58 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross national expenditure (current lcu), annual growth rate recorded in Cuba?
The highest recorded value was 463.56 % change on previous year in 2021.
What is the lowest gross national expenditure (current lcu), annual growth rate recorded in Cuba?
The lowest recorded value was -19.56 % change on previous year in 1991.
How does Cuba rank for gross national expenditure (current lcu), annual growth rate?
Cuba ranks 6th out of 185 countries with data for 2024.
Is gross national expenditure (current lcu), annual growth rate rising or falling in Cuba?
Over the last ten years it is up 1,108.4%. The long-run trend across the full record is volatile.
Where does this Cuba data come from?
The figures come from Statizoid (derived), published as part of Gross national expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross national expenditure (current LCU), annual growth rate in Cuba. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-current-lcu-annual-growth-rate/cuba/

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How this figure is calculated

The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross national expenditure (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
185 places, 8,317 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.